MSME (Udyam registered) Ministry of MSME
- Category
- Small (2024-25)
- Udyam number
- UDYAM-GJ-06-0004510
Mahek Agritech (India) Private Limited
Mahek Agritech (India) Private Limited - agriculture in Bharuch, Gujarat, India. FY 2026 financials & compliance.
Revenue · FY 2024
₹61.99 Lakh
▼ 75% YoY
Net loss · FY 2024
₹70.48 Lakh
Net margin -113.7%
EBITDA · FY 2024
-₹10.87 Lakh
EBITDA margin -17.5%
Authorised capital
₹5 Cr
Registered with MCA
Paid-up capital
₹2.1 Cr
Issued & subscribed
Open charges
₹5 Cr
Satisfied ₹22 Cr
Company age
13 yrs
Est. 2013
Directors on board
5
As per MCA filings
About Mahek Agritech (India) Private Limited
Data last updated:
Mahek Agritech (India) Private Limited is a private limited company based in Bharuch, Gujarat, India. It operates in the agricultural products distribution segment of the agriculture sector. It was incorporated on 24 July 2013 and has been in existence for over 13 years.
The company is registered with the Registrar of Companies (ROC), Ahmedabad, under CIN U51101GJ2013PTC076166. Its GSTIN is 24AAICM7553M1ZZ (Gujarat). The company holds 3 GST registrations, of which 1 is active.
The company has an authorised share capital of ₹5 Cr and a paid-up capital of ₹2.1 Cr. It is led by directors including Naresh Samalbhai Patel (Whole-Time Director) and Deep Nitinbhai Patel.
Its last annual general meeting (AGM) was held on 30 September 2025, and its latest financial statements are for the year ended 31 March 2025. The registered office is at B Floor – 03 301 Vishvam Residency Nr. Satyam Township Nr. Zadeshwar Road, Bharuch, Gujarat, India – 392001.
As per the financials filed for FY 2024, the company reported a revenue of ₹61.99 Lakh, a decline of 75% compared to the previous year. For the same year it recorded a net loss of ₹70.48 Lakh (net margin -113.7%) and EBITDA of -₹10.87 Lakh (EBITDA margin -17.5%). Revenue has declined at a compounded annual rate (CAGR) of 72% over three years and 55% over five years.
As per MCA filings, the company has open charges of ₹5 Cr and satisfied charges of ₹22 Cr on record.
Mahek Agritech (India) Private Limited is registered as a small enterprise under the Udyam registration framework (Reg. No. UDYAM-GJ-06-0004510). The current compliance status is marked as compliant by the Registrar of Companies.
Company details
CIN U51101GJ2013PTC076166
Registration Number 076166
Incorporation Date 24 July 2013
ROC Ahmedabad
Listing Status Unlisted
Company Status Active
Date of Last AGM 30 September 2025
Date of Balance Sheet 31 March 2025
Compliance Status Active Compliant
MSME Classification Small
Udyam Registration UDYAM-GJ-06-0004510
Key People
Naresh Samalbhai Patel Whole-Time Director Deep Nitinbhai Patel Director Dhruv Vishnubhai Patel Director Recognitions & Rankings of Mahek Agritech (India)
Contact details
Mahek Agritech (India) Private Limited's registered office is in Bharuch, Gujarat. Its e-mail address and telephone number are in the company report.
- Email
- Telephone
- Registered AddressB Floor – 03 301 Vishvam Residency Nr. Satyam Township Nr. Zadeshwar Road, Bharuch, Gujarat, India – 392001
- IndustryAgriculture, Agro Retail & Distribution
To see the full contact details of Mahek Agritech (India) Private Limited, buy the company report.
Comprehensive company report
Mahek Agritech (India) Private Limited - one report that includes everything
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
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Business activity
The main business activity of Mahek Agritech (India) is trade. In detail, this covers wholesale trading.
| Main activity group code | Main activity | Business activity code | Business activity | Share of turnover |
|---|---|---|---|---|
| G | Trade | G1 | Wholesale Trading |
Financials of Mahek Agritech (India) Private Limited
FY 2025 filings availableMahek Agritech (India) Private Limited reported revenue of ₹61.99 Lakh (down 75% YoY) for FY 2024.
Revenue · FY 2024
₹61.99 Lakh ▼ 75%
Net loss · FY 2024
₹70.48 Lakh margin -113.7%
EBITDA · FY 2024
-₹10.87 Lakh margin -17.5%
Compounded Annual Growth Rate (CAGR)
Revenue CAGR growth
1 year
▼ 75%
3 years · compounded
▼ 72%
5 years · compounded
▼ 55%
EBITDA CAGR growth
1 year
▼ 109%
3 years · compounded
▼ 28%
5 years · compounded
▼ 16%
Revenue has declined at a compounded annual rate (CAGR) of 55% over five years, including a 75% fall in the latest year. EBITDA fell 109% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
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| Total Expenses | |||||
| EBITDA | -₹10.87 Lakh | ||||
| Profit Before Tax | |||||
| Tax Expense | |||||
| Net Profit (PAT) | -₹70.48 Lakh | ||||
| Balance Sheet | |||||
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| Reserves and Surplus | |||||
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Financial Ratios
| Metrics | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | -17.5% | ||||
| Net Profit Margin | -113.7% | ||||
| Return on Equity (ROE) | |||||
| Return on Capital Employed (ROCE) | |||||
| Return on Assets (ROA) | |||||
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| Efficiency and Growth | |||||
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| Receivable Days | |||||
| Payable Days | |||||
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| Net Profit Growth | |||||
To see the full financial statements and ratios of Mahek Agritech (India) Private Limited, buy the company report.
Board of directors of Mahek Agritech (India) Private Limited
Mahek Agritech (India) has 5 current directors and 3 former directors. Current directors are listed first, with their designation and appointment date.
Current Directors
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Deep Nitinbhai Patel | Director | 02 Jun 2014 | 12 Years 5 Months | Current |
| Dhruv Vishnubhai Patel | Director | 02 Jun 2014 | 12 Years 5 Months | Current |
| Naresh Samalbhai Patel Also directs: Kinjal Chemicals Private Limited, Diya Merchandise Private Limited, Shivabhishek Industrial Park Private Limited and 1 more | Whole-Time Director | 21 Jul 2015 | 11 Years 3 Months | Current |
| Hemant Chimanlal Modi | Director | 02 Apr 2021 | 5 Years 7 Months | Current |
| Sunainaben Nareshbhai Patel | Director | 01 Aug 2023 | 3 Years 3 Months | Current |
Auditor
Mahek Agritech (India) Private Limited is audited by R A Y S & ASSOCIATES for the financial year 2023.
| Auditor firm | Financial year | Firm registration number |
|---|---|---|
| R A Y S & ASSOCIATES | FY 2023 | 132846W |
Shareholding
The shareholding of Mahek Agritech (India) Private Limited is on record for 5 financial years, the latest being FY 2023, split between promoters, domestic institutions, foreign institutions, public shareholders and others.
| Shareholder category | FY 2023 | FY 2021 | FY 2020 | FY 2019 | FY 2018 |
|---|---|---|---|---|---|
| Promoters | |||||
| Domestic institutional investors (DII) | |||||
| Foreign institutional investors (FII) | |||||
| Public | |||||
| Others |
To see the full shareholding pattern of Mahek Agritech (India) Private Limited, buy the company report.
Charges & borrowings
Open charges
₹5 Cr
Satisfied charges
₹22 Cr
Breakdown by lending institutions
Latest charge details
| Date | Charge ID | Lender | Amount | Status | Modified or satisfied on |
|---|---|---|---|---|---|
| 29 Feb 2024 | 100883434 | Others | ₹5 Cr | Open | |
| 08 Oct 2015 | 10619696 | Axis Bank Limited | ₹10 Cr | Satisfied | |
| 08 Oct 2015 | 10619697 | Axis Bank Limited | ₹12 Cr | Satisfied |
To see the full charge records of Mahek Agritech (India) Private Limited, buy the company report.
Total charge records: 3 View all charges
Legal cases
No court or tribunal cases involving Mahek Agritech (India) Private Limited are on our record; a case search with case numbers, parties and status is in the company report Buy the company report.
MSME payment delays
No delayed payments to MSME suppliers are on our record for Mahek Agritech (India) Private Limited; the supplier-wise MSME Form 1 check is in the company report Buy the company report.
GST
Mahek Agritech (India) has 3 GST registrations: 1 active and 2 cancelled or inactive.
Total GSTINs
3
Active
1
Cancelled / inactive
2
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 24AAICM7553M1ZZ | Gujarat | Active | 01 Jul 2017 |
To see the full GST registrations and return filing status of Mahek Agritech (India) Private Limited, buy the company report.
Recent activity
Mahek Agritech (India) Private Limited has 11 board changes on record since 2014: 8 appointments and 3 cessations. The latest: Nitinbhai Patel ceased to be Director on 01 Aug 2023.
AGM
Mahek Agritech (India) Private Limited last Annual general meeting of members was held on 30 Sep 2025 as per latest MCA records.
Filing
Mahek Agritech (India) Private Limited has filed its annual Financial statements for the year ended 31 Mar 2025 with Roc Ahmedabad.
Charges
A charge with Others amounted to Rs. 5.00 Cr with Charge ID 100883434 was registered on 29 Feb 2024.
Charges
A charge registered on 08 Oct 2015 via Charge ID 10619696 with Axis Bank Limited was fully satisfied on 27 Dec 2023.
Charges
A charge registered on 08 Oct 2015 via Charge ID 10619697 with Axis Bank Limited was fully satisfied on 27 Dec 2023.
Ceased
Nitinbhai Patel ceased to be Director.
Appointed
Sunainaben Nareshbhai Patel was appointed as Director.
Appointed
Hemant Chimanlal Modi was appointed as Director.
Charges
A charge with Axis Bank Limited of Rs. 12.00 Cr registered on 08 Oct 2015 with Charge ID 10619697 was modified on 09 Jul 2020.
Charges
A charge with Axis Bank Limited of Rs. 10.00 Cr registered on 08 Oct 2015 with Charge ID 10619696 was modified on 04 Dec 2019.
Appointed
Nitinbhai Patel was appointed as Director.
Ceased
Upendrakumar Kantilal Patel ceased to be Director.
9 earlier events are in the company report.
Frequently asked questions
Mahek Agritech (India) is an active private limited company based in Bharuch, Gujarat, India. The company works in agro retail and distribution, within the agriculture industry. It was incorporated on 24 July 2013 (13+ years old) and is registered under CIN U51101GJ2013PTC076166.
Mahek Agritech (India) has 5 current directors:
- Naresh Samalbhai Patel - Whole-Time Director
- Deep Nitinbhai Patel - Director
- Dhruv Vishnubhai Patel - Director
- Hemant Chimanlal Modi - Director
- Sunainaben Nareshbhai Patel - Director
The latest financial statements of Mahek Agritech (India) on record with the MCA are for the year ended 31 March 2025. Its last annual general meeting was held on 30 September 2025. Year-wise statements from 2015 are in the company report.
The GSTIN of Mahek Agritech (India) is 24AAICM7553M1ZZ, registered in Gujarat. The company has 3 GST registrations in all, of which 1 is active and 2 are cancelled or inactive.
The CIN (Corporate Identification Number) of Mahek Agritech (India) is U51101GJ2013PTC076166. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
Mahek Agritech (India) was incorporated on 24 July 2013, making it 13+ years old. It is registered with the Registrar of Companies, Ahmedabad.
Nitinbhai Patel ceased to be Director on 01 Aug 2023. Sunainaben Nareshbhai Patel was appointed as Director on 01 Aug 2023. Hemant Chimanlal Modi was appointed as Director on 02 Apr 2021. Mahek Agritech (India) has 11 board changes on record in total.
Yes, Mahek Agritech (India) is registered as a small enterprise under Udyam registration (number: UDYAM-GJ-06-0004510).
The registered office of Mahek Agritech (India) is at B Floor – 03 301 Vishvam Residency Nr. Satyam Township Nr. Zadeshwar Road, Bharuch, Gujarat, India – 392001.
Mahek Agritech (India) operates in the agriculture industry, in the agro retail and distribution segment.
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